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20100228
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CNN 17
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Search Results 0 to 16 of about 17 (some duplicates have been removed)
CNN
Feb 7, 2010 10:00am EST
the greatest effect, good or barksd on the american economy out of the key u.s. financial leaders, ben bernanke, tim geithner and larry summers. the great majority of your votes were not surprisingly for ben bernanke. some says he was brilliant and deserving of a medal of honor. others like josh of new york thought bernanke's actions were detrimental by bringing interest rates down to near zero he has set the stage for roaring inflation. one member said it wasn't any member of them that deserves credit, it was, quote, the hard working people who pay full taxes. this week i want to know on a scale of one to ten how likely you think it is that we will see a resolution of the palestini palestinian-israeli conflict in the next ten years. let me know what you think. please don't forget to include your name and where you live. we like to know who is watching and give credit where it's due. as always, i would like to recommend a book. it's called "come back america: turning the country around and restoring fiscal responsibility." it's about what everybody was talking about in davos last week and washi
CNN
Feb 7, 2010 1:00pm EST
, on the american economy out of the troyka of key u.s. financial leaders, ben bernanke, timothy geithner, and larry summers. the great majority of your votes were not surprisingly for ben bernanke. some saying he was brilliant and deserving of a medal of honor. others like josh sitterowitz of new york thought bernanke's actions were detrimental. "by bringing interest rates down to near zero, he has set the stage for roaring inflation." and one member said it wasn't member of that troyka who deserve credit for saving the american economy, it was the people who pay taxes. this week, i want to know how likely it is that we'll see a resolution of the israe israeli/palestinian conflict in the text ten years. don't forget to give your name and where you live. also, as always, i would like to recommend a book. it's called "come back, america." turning the country around and restoring fiscal responsibility. it's about what everybody was talking about in davos last week and in washington this week. america's crushing governmental debt. president obama's new budget forecasts an astounding $1.6 trillion defic
CNN
Feb 12, 2010 9:00pm EST
that dr. bernanke, if he has two patients, the one with a positive attitude does better. >> i agree with dr. bernanke, but stress does cause your arteries to con strict, it ka cause the arteries to build up faster, it can cause blood clots to form that causes a heart attack, that's the bad news. but stress is not simply something you do, more importantly it's how you react to what you do. if you practice some simple stress management techniques, you can be in the same job, you can go to haiti, and not have it affect it. you can accomplish even more without getting so stressed and without getting sick in the process. >> larry: sanjay, do you understand why the president is so passionate about haiti? >> he's had an affinity for this place for a long time, larry. i interviewed him when he was down here and talked about haiti with him a few times in the past. he had his honeymoon here, as i know you've talked about, larry, so he's been thinking about haiti for a long time. i think he has a strong affinity not only to haiti but to the haitian people living in haiti and the united states,
CNN
Feb 13, 2010 1:00pm EST
said that means henry paulson, tim geithner, and ben bernanke are the dentists. >> let me tell you. i felt like i was having a root canal. >> without anesthesia. >> i was a dentist having a root canal without anesthesia at the same time. but there's a saying in the book on -- my book "on the brink," and this was a day or two before we were going to need to step in and rescue citigroup. and what really hit me was that i was forever going to be associated with these bailouts, and it would be the secretary treasure that did all these interventions. i said that will be the good news. the bad news will be if we can't cobble something that works for citigroup and if it goes down i'll be the secretary treasurer that pre sides over night great recession. >> back with david gergen and diane brady. the reason we have you guys on is because you're honest about this. think henry paulson had it right on there. there's a whole lot of revisionist history going on at capitol hill. diane and david, we were all together during that time, and it seemed like the right thing to do to a lot of people who a
CNN
Feb 14, 2010 3:00pm EST
. and i said this to tim geithner, the treasury secretary. that means henry paulson, ben bernanke, were the dentists. how does that make you feel, the thing that everybody hates is the thing you had to do. >> let me tell you, i felt like i was having a root canal. >> without anesthesia. >> i was a dentist having a root canal without anesthesia at the same time. but there's a scene in the book -- my book, "on the brink," and this was a day or two before we were going to need to step in and rescue citigroup. and what really hit me was that i was forever going to be associated with these bailouts and it would be the treasury secretary that did all these interventions. then, i said, that would be the good news. the bad news will be if we can't cobble together something that works for citigroup and it goes down. bi i'll be the treasury secretary who presides over another great depression. >> back with david gergen and diane brady. the reason we have you guys on is because you're honest about this. i think -- i think henry paulson had it right on there and there's a whole lot of revisionist h
CNN
Feb 24, 2010 9:00am EST
bernanke. he'll be delivering his semi-annual testimony before congress today. also tomorrow. you can bet those questions from lawmakers will focus a lot on unemployment in this country, the outlook for the overall economy and interest rates from the fed. what happened last week that's really going to play in here, the fed surprised wall street. they raised the interest rate that they charge banks for emergency loans. a lot of focus on that today expected as well. we're also going to keep a close eye on the housing sector today at the top of the hour. we'll get a report on new home sales. it is expected to show actually some good news that home sales jumped 5% last month. meantime, we've got one of the nation's biggest home builders toll brothers reporting earnings. the company also saying, listen, the housing market is still "in choppy waters but the seas are getting calmer." toll brothers reported its first quarter loss, narrowed a bit from a year ago. that's good news on the housing front. shares are up just slightly, about 2% this morning. the dow industrials is pretty strong open. up
CNN
Feb 25, 2010 9:00am EST
bernanke back for round two, and stephanie elam back. another rally today? >> sorry, kyra, i don't think we will get a repeat one. >> that was a sarcastic, laugh. hell no, kyra. >> yeah, pretty much. we will not see the same picture. but bernanke will deliver the same testimony today but this time before the senate banking committee. yesterday, investors were happy to hear they were going to keep key interest rates for a while longer. they raised the discount rate on what they charge to banks, and if that happened it could slow the recovery and it's a precarious time for the economy. investors jumped up and cheered ben bernanke after he said he was staying the course. and then the debt problems in greece may be getting worse. as i was saying, we are looking for triple digit losses out the gate. and that's what we have. the dow off 137 points. and so no, as i was saying, no, not another rally, at least not to start. >> gosh, okay. shut me down. thank you, steph. definitive. there we go. let's move on. >>> hummer goes the way of pontiac, and stud baker. the deal to sell the brand to a chinese
CNN
Feb 17, 2010 11:00am EST
, in studying history, unless you learn from it, all the economic experts and bernanke and obama included, understood in the great depression the one thing they did not do is spend enough fast enough in order to stimulate the economy in order to create sustainable growth which obama and bernanke are doing. >> so, jeanne, why is this package viewed so negatively by so many in the country one year later? >> well, i think that the democrats didn't necessarily sell it as it was, you know, throughout the year. they went off and did health care and then came back to jobs. you know, 2 million people may have been helped by it. but another 8 million lost their jobs. so, more people are feeling pain than benefit. and so as a result, i think most people don't -- don't appreciate or really understood that, you know, it was a limited package. people thought it should have been bigger. it helped, but it didn't resolve the economic crisis we were in. >> wow. ryan, what's your view on that? why do you believe so many people have such a negative view of the package? >> i have to agree. we didn't sell it
CNN
Feb 24, 2010 6:00am EST
velshi later today. >> a lot of great stuff. >> ben bernanke will testify on the hill today. >> we'll get his prescription or a forecast on what will happen with the overall economy. a lot of questions. when will this economy be back to normal and what is normal? that means your job, home and bank. let's take a look at where we stand. the national association of business economics predicts job growth is on its way, forecasting 140,000 jobs per month will be added in 2010. in the new normal, no thing is ever as it seems. yesterday we found out mass layoffs rose last month for the first time since august. more than 180,000 folks fell victim to mass layoffs in january. we saw consumer confidence tumble. consumers are still very nervous. how about your house? your biggest asset most likely or what was once your biggest asset. one out of every four mortgages is under water. it means you owe more than the house is worth. foreclosure will continue. speaking of lenders, banks still in trouble. one out of 11 banks is at risk of going under. that's the problem bank lift, 140 banks were shut down la
CNN
Feb 3, 2010 5:00pm EST
bernanke is concerned about the nation's economic recovery. during the ceremonial swearing in for his second term, bernanke told staffers that despite a growing economy, far too many people remain unemployed. he also talked about the challenges facing the fed, which include protecting its independence from congress and making the institution more open and accountable. >>> president obama's aunt is preparing to make her second bid for political asylum. she'll go before an immigration judge if boston after defying a deportation order in 2004. she's expected to argue that ties to the president could make her a political target if she returns to kenya. her status was revealed shortly before president obama was elected in 2008. >>> and while many of you are gearing up for this sunday's super bowl, some in the nfl are worried that the game's days could be numbered. the players association fears owners will impose a work stoppage after the current collective bargaining agreement expires and they're taking their caught to capitol hill. the league says a new collective bargaining agreement wil
CNN
Feb 4, 2010 11:00am EST
left the u.s. >>> ben bernanke has been sworn in for a second term as chairman of the federal reserve. bernanke vowed to preserve the fed's independence, despite a move in congress to tighten control over the central bank. >>> and preparing for a snowy weekend from 1 inch in new york to almost 2 feet in baltimore. meteorologist rob marciano tracking this massive winter storm. what's going on. feast appetizer. [dinner bell chimes] high quality ingredients like wild alaskan salmon in a delicate broth, without by-products or fillers. fancy feast appetizers. celebrate the moment. in the north of england to my new job at the refinery in the south. i'll never forget. it used one tank of petrol and i had to refill it twice with oil. a new car today has 95% lower emissions than in 1970. exxonmobil is working to improve cars, liners of tires, plastics which are lighter and advanced hydrogen technologies that could increase fuel efficiency by up to 80%. >[t:p][n:e plastics which are lighter and advanced hydrogen technologies announcer: the smallest moments can have the biggest impact on a child
CNN
Feb 16, 2010 1:00pm EST
, and if the government pulls back too fast, if bernanke pulls back too fast or if the executive congressional branches pull back too fast, there is a question whether it would worsen things, i think that's legitimate. what i do believe you can put into place trigger mechanisms on medicare reforms, on medicaid reforms, on social security reforms, so that these things are in law and they're not just sort in imagination. it's hard, as you know, nor invei for investors to have much confidence in the future of the nation's finances when there's nothing and it's just talk and we're just continuing to talk. >> on that very point, there was a new report on rising life expectancy, which is a great thing, a great triumph of human medicine, but, you know, why don't we talk about raising the retirement age for medicare and social security gradually over the next 20, 30 years. it would save a lot of money. >> that's going to be a big discussion that we'll be having on this show very regularly, and we'll call on both of you to do it again, david gergen, cnn analyst, and stephen moore, "wall street journal" writer.
CNN
Feb 10, 2010 6:00am EST
them like you hate a root canal. that means ben bernanke, you guys were the dentists. how does that make you feel the thing that everyone hates sts thing you had to do. >> i felt like i was having a root canal without anesthesia at the same time. there's a scene in my book "on the brink." and this was a day or two before we were going to need to step in and rescue citigroup. what really hit me was that i was forever going to be associated with these bailouts and the treasury secretary that did these interventions. then i said, that will be the good news. the bad news will be if we can't cobble together something that works for citigroup and it goes down, i'll be one who presides over another great depression. >> remember it was fanny and fred die and city citigroup and a whole host of other banks, ways to try to fix this without public intervention. he talks about the realization he was going to be forever knowns the guy behind the bailouts and how shocking it was. it came to him walking through the reagan library working through the citigroup stuff, the temple of free market t
CNN
Feb 10, 2010 9:00am EST
bernanke scheduled to testify before a house committee today. but this was all about unwinding the fed's $2.2 trillion emergency liquidity programs. the hearing has been postponed but his prepared testimony will be released at the top of the hour. several economic reports also being delayed today. on wall street expect light trading volume as folks focus more on the snow and less on stocks. despite all that, the dow is expected to continue to rise after yesterday's 150-point gain. investors are hopeful thedisney network rebounded but the theme parks continue to struggle. same for the movie studios. >>> google launching a new social networking service called the google buzz. it will allow users to post photos and links to their websites. yahoo! an microsoft claim they've been running similar services for years. >>> early numbers here, looks like we're down but just ever so barely. off 12 points. 10,046. still above 10,000. nasdaq off fractionally at this time as well. >>> finally, one more note. southwest airlines has slashed its ticket prices until tomorrow. the carrier is selling one-way t
CNN
Feb 15, 2010 5:00pm EST
bernanke who was named by bush the federal reserve chairman, henry paulson, the treasury secretary. they said if they didn't do this bailout, the abyss would've happened and it wouldn't have been a recession, it would have been a depression. >> well, you know, a lot of people did offer that chicken little scenario. and equally other economists and people in the real banking world, for example, a communication i received from the president of bb & t asking the 435 members of the house and the 100 members of the senate not to vote in favor of the bailout because the money would not end up being used by banks to be loaned to consumers and you would have banks under the thumb of greater government control. and, indeed, though i don't like to use hank bolson as a source, he made it very clear that while mccain in the end supported it, when john suspended his campaign to go back to washington, and voters thought he's going to make a stand for us. john, instead of being the tell it like it is straight talk express guy, he meekly read a couple of talking points and went ahead with the whol
CNN
Feb 24, 2010 1:00pm EST
for hiring. they could take it up as early as friday. also on the hill, fed chief ben bernanke saying that the congress action has helped to jump start the economic recovery, but he worries about the unemployment rate which is near 10%. >>> in vancouver, an emotional moment on ice. joannie rochette took third place in the short program after in the sudden death of her 55-year-old mother on sunday. she will battle for gold in the free skate final tomorrow. >>> i want to tell you what is going on with weather. we have a blizzard moving in the next 48 hours. we have pictures across the country and you have -- can we pull these up, michael? put them on the screen? okay. the one on the left is washington, d.c., and that is the white house and central park, the view from time warner center where cnn is. the only snowflakes you can see are in the animation behind it. it is looking good and calm, bhau but it is going to change. let's look at texas. if you are in west texas, wow, five inches of snow. i have to say that the texans are getting used to this and they have reason to buy a lot of sn
Search Results 0 to 16 of about 17 (some duplicates have been removed)